"I have just placed an order if for $200 paypal which needs 5 referrals. I had 6 referrals when I placed my order. I have been denied because one of my referrals has been placed on hold. This would knock me down to 5 referrals which still qualifies me to receive my $200. Should I request another order to receive my $200 paypal"
It depends on the site. There may have been another reason; try talking to the support to find out more.
Most likely got denied cuz of the one referral, just open a support ticket saying you still have 5 referrals and they'll switch your most likely